Iran has joined the nuclear club according to the country's president.

"At this historic moment, with the blessings of God almighty and the efforts made by our scientists, I declare here that the laboratory- scale nuclear fuel cycle has been completed and young scientists produced enriched uranium needed to the degree for nuclear power plants Sunday," Ahmadinejad said.

"I formally declare that Iran has joined the club of nuclear countries," he told an audience that included top military commanders and clerics in the northwestern holy city of Mashhad. The crowd broke into cheers of "Allahu akbar!" or "God is great!" Some stood and thrust their fists in the air.

We has previously posted graphics on the construction and defenses at Natanz, where Iran intends to do large-scale uranium enrichment.

Regime Change Iran explains how oil prices and Iran's nuclear ambitions work together for regional hegemony.

Here's something else to remember about Iran's ambitions.